Author: Matthew Nelson|| Date Published: December 26, 2018
Lockheed Martin (NYSE: LMT) has landed a potential $1.8B contract to produce and deliver missile interceptor systems to the U.S. Army and foreign military sales customers.
The company said Friday it will supply Patriot Advanced Capability-3 and PAC-3 Missile Segment Enhancement interceptors along with launcher modification and related kits.
Jay Pitman, vice president of PAC-3 programs at Lockheed’s missiles and fire control business, said the two weapons are designed to help military clients address security threats with the use of hit-to-kill technology.
The interceptors work to counter incoming aircraft, cruise and tactical ballistic missile threats.
Germany, Kuwait, Japan, Qatar, South Korea, Saudi Arabia, Taiwan, the Netherlands, United Arab Emirates, Poland,Sweden and Romania have ordered PAC-3 and PAC-3 MSE as part of missile defense modernization efforts.
War Data Platform enables standardized data for agentic AI applications Advana modernization includes financial management and application migration Explore AI,…
Noblis MSD has won a five-year, single-award IDIQ contract to provide end-to-end engineering services for the Network Integration Engineering Facility…
The acquisition expands Empower AI’s capabilities in AI, cloud, data management and DevSecOps Highlight Technologies adds digital modernization and AI-driven…
Lockheed Martin (NYSE: LMT) has landed a potential $1.8B contract to produce and deliver missile interceptor systems to the U.S. Army and foreign military sales customers.
